No. It is a decision whether or not to support the financing plan deemed most appropriate by the Diversion Authority and local entities. Sales taxes are one method of paying for flood protection, including the Diversion Project. Since 2009, sales tax revenues have been successfully utilized to pay for flood protection efforts. The use of sales tax has reduced the reliance on other local forms of funding, including property taxes and special assessments. If the sales tax extension is approved; it would help ensure that property tax increases and/or special assessments would not be needed as a funding source.
- Post published:August 16, 2016
- Post category:Sales Tax